Hi WebNewser readers - we're now a part of mediabistro's SocialTimes.com, bringing you breaking news, guides & tips from the Web world.

IPO Time, Finally! (Um, Demand Media, Not Facebook)

While the possibility of a Facebook initial public offering has been burning up the wires over the past week or so, some actual IPO news surfaced, as content aggregator Demand Media took the next step and filed its IPO plan with the Securities and Exchange Commission, AllThingsD reported.

According to the SEC filing, shares will be priced at $14-$16 apiece, and Demand Media can sell up to 8.625 million, potentially putting the company’s worth at $1.3 billion and raising $138 million, according to AllThingsD.

Demand Media also said in the filing, “We currently anticipate that our aggregate investments in content during the year ending Dec. 31, 2011, will range from $50 million-$75 million,” according to AllThingsD.

Related Stories
Mediabistro Course

Content Marketing 101

Content Marketing 101Get hands-on content marketing training in our brand new boot camp, Content Marketing 101! Starting September 8, digital marketing and content experts will teach you the tips and tricks for creating, distributing and measuring the success of your brand's content. Register now!